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Cardinal Energy Ltd. (CJ $12.37)
- $12.37 P/E (TTM): 90.29X Cap: $1.98B
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Q: Four oil companies make up 30 percent of my portfolio. Purchased during covid and have had big gains in all four. The yield on cardinal based on cost base is 22 percent. This is stupid I know but if not for these four my portfolio is a disaster. It’s basically kept me flat while the tech sector has taken a dive. Should I start to exit some of the oil positions and where do you go if the majority of the 5i favourites are all ready owned ?
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Cardinal Energy Ltd. (CJ $12.37)
- $12.37 P/E (TTM): 90.29X Cap: $1.98B
- View CJ Profile
- View Questions on CJ
Q: Hi,
Can you clear up a little confusion regarding the latest earnings report from Cardinal Energy? I scanned the 4th quarter earnings report and it indicates, at least to me that it indicates a diluted share loss of 18c. Yet on my TD investor site it shows a profit of 13c per share.
Am i seeing this right, and would you also be able to give your analysis of their earnings report?
Thanks so much.
Can you clear up a little confusion regarding the latest earnings report from Cardinal Energy? I scanned the 4th quarter earnings report and it indicates, at least to me that it indicates a diluted share loss of 18c. Yet on my TD investor site it shows a profit of 13c per share.
Am i seeing this right, and would you also be able to give your analysis of their earnings report?
Thanks so much.
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